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SavvySugar The Gender Gap Is Shrinking — Except at the Top Nov 18, 2009 12:00 PM It turns out, the difference between men and women's salaries is smaller than we thought — as long as those salaries aren’t very big to begin with. A new study from PayScale.com compared salaries across 90 different jobs, adjusting for any outside factors that might affect the salary (the location of the job, the worker’s education, etc.) except for the worker’s gender. What they found was surprising — to see the results, [break]read on.[/break] In jobs that pay less than $100,000 a year, women make at least 94 percent of what men make — in other words, the gender gap is almost nonexistent (almost). In jobs that pay out over $100k, on the other hand, women make less than 87 percent of what men make. And the higher you go, the bigger the discrepancy gets: female chief executives make 71 percent of what men make, and female hospital administrators make 77 percent of their male counterparts' salaries. So what gives? Researchers aren’t sure exactly what’s going on, but they have a couple theories. One is that in higher paying jobs, performance is more subjective, and therefore more susceptible to discrimination. Are these findings surprising to you, or just more of the same? What do you think accounts for the widening gender gap in higher paying jobs?
Savvy Community Money Talk: If a Meal Is Comped Should You Still Tip? Nov 9, 2009 2:45 PM This sticky tip etiquette question comes from Angelica , part of our Money Talk group . I had brunch with a pal recently at a fairly upscale new restaurant and the entire experience was a bust. We had just worked out and were starving so we put in our order as soon as we sat down. Unfortunately, there was a mix-up over who our server was and we ended up waiting over an hour for our food. When we realized how long it had been and finally caught a waiter, my friend politely reminded her when we'd ordered and the waiter said our meal was next up. That was a lie because they served two tables ahead of us, and when our food did arrive (about 15 minutes later!), my friend's order was wrong. Ultimately, the manager came by the table to apologize and let us know our bill would be comped. When we were finished with our very long brunch, I wanted to leave a tip because I was impressed they were gracious about their mistake, but my friend didn't like the idea of rewarding them after the wait and messed up order. We settled on what was probably a 10 percent tip after agreeing it was kind of them to comp the meal. Do you think we should have left a tip for good measure, or do you think it was unnecessary considering the service? Join our Money Talk group and dish your awkward money and finance experiences, learnings, and tales! Have a post you want to see featured on SavvySugar? Private message me here to pitch your ideas. I can't wait to hear them.
Angelica If Meal Is Comped Do You Leave a Tip? Nov 8, 2009 8:20 PM I had brunch with a pal recently at a fairly new upscale restaurant and the entire experience was a bust. We had just worked out and were starving so we put in our order as soon as we sat down. Unfortunately, there was a mix up over who our server was and we ended up waiting over an hour for our food. When we realized how long it had been and finally caught a waiter my friend politely reminded her when we'd ordered and the waiter said our meal was next up. That was a lie because they served two tables ahead of us, and when our food did arrive (about 15 minutes later!), my friend's order was wrong. Ultimately, the manager came by the table to apologize and let us know our bill would be comped. When we were finished with our very long bunch, I wanted to leave a tip because I was impressed they were gracious about their mistake, but my friend didn't like the idea of rewarding them after the wait and messed up order. We settled on what was probably a 10 percent tip after agreeing it was kind of them to comp the meal. Do you think we should have left a tip for good measure, or do you think it was unnecessary considering the service?